job losses

In a bad start to 2014 for the IT industry, IBM (NYSE:IBM) is reportedly axing 13,000 jobs from its global operations, according to a source cited by WRALTechWire. The lay-offs in India are already un...

Chinese clothing e-tailer Vancl is reportedly cutting as much as 25 percent of its workforce ahead of an anticipated US IPO in the first or second quarter of 2013. Vancl, which manufactures its own br...

It has never been a smooth ride for Ku6.com (NASDAQ:KUTV), which is currently China’s fifth-largest video-streaming and sharing site. And now, as its stock sinks to below US$1 per share, some staff ar...

[UPDATE on July 30th – We’ve been contacted by Groupon head of PR in the UK who confirms an unspecified amount of staff being cut, but clarifies: “We’re not laying anyone off in China, but terminating...